STOCK TITAN

LeMaitre Vascular (LMAT) director adds shares via dividend rights vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LeMaitre Vascular, Inc. director filed a report of routine equity-related transactions. On 12/11/2025 and 12/12/2025, the director acquired 25, 18, and 18 shares of common stock at a price of $0 per share following the release of dividend equivalent rights tied to prior stock awards. After these transactions, the director directly beneficially owned 10,183 shares of common stock.

The filing shows dividend equivalent rights converting into common stock on a one-for-one basis, connected to restricted stock unit and performance stock unit awards granted in 2021 and 2022. Fractional shares from these rights, if any, were settled in cash, leaving derivative right balances such as 19.974 and 19.291 units outstanding.

Positive

  • None.

Negative

  • None.
Insider Pellegrino Joseph P JR
Role Director
Type Security Shares Price Value
Exercise Dividend Equivalent Rights 18 $0.00 --
Exercise Dividend Equivalent Rights 18 $0.00 --
Exercise Common Stock 18 $0.00 --
Exercise Common Stock 18 $0.00 --
Exercise Dividend Equivalent Rights 25 $0.00 --
Exercise Common Stock 25 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 19.974 shares (Direct); Common Stock — 10,165 shares (Direct)
Footnotes (1)
  1. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/11/2021. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. Fractional shares released (if any) on each vesting date were settled in cash, resulting in a final balance of zero. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. These dividend equivalent rights were released in connection with the vesting of a performance stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pellegrino Joseph P JR

(Last) (First) (Middle)
C/O LEMAITRE VASCULAR, INC.
63 SECOND AVENUE

(Street)
BURLINGTON MA 01803

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEMAITRE VASCULAR INC [ LMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/11/2025 M 25(1) A $0(1) 10,147 D
Common Stock 12/12/2025 M 18(1) A $0(1) 10,165 D
Common Stock 12/12/2025 M 18(1) A $0(1) 10,183 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Dividend Equivalent Rights (2) 12/11/2025 M 25(2) (2) (2) Common Stock 25 $0 0(3) D
Dividend Equivalent Rights (4) 12/12/2025 M 18(4) (4) (4) Common Stock 18 $0 19.974 D
Dividend Equivalent Rights (5) 12/12/2025 M 18(5) (5) (5) Common Stock 18 $0 19.291 D
Explanation of Responses:
1. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
2. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/11/2021. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
3. Fractional shares released (if any) on each vesting date were settled in cash, resulting in a final balance of zero.
4. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
5. These dividend equivalent rights were released in connection with the vesting of a performance stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
/s/ Laurie A. Churchill, Attorney-in-fact 12/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did LeMaitre Vascular (LMAT) report in this filing?

The filing reports a director acquiring LeMaitre Vascular common stock through the release of dividend equivalent rights on 12/11/2025 and 12/12/2025.

How many LeMaitre Vascular (LMAT) shares did the director acquire?

The director acquired 25, 18, and 18 shares of common stock, all at a price of $0 per share, as the dividend equivalent rights vested.

What is the director's share ownership in LeMaitre Vascular (LMAT) after these transactions?

Following the reported transactions, the director directly beneficially owned 10,183 shares of LeMaitre Vascular common stock.

What are dividend equivalent rights in this LeMaitre Vascular (LMAT) filing?

Each dividend equivalent right is described as the economic equivalent of one share of LeMaitre Vascular common stock and converts into shares when related stock awards vest.

Which stock awards triggered the dividend equivalent rights in this LMAT insider report?

The dividend equivalent rights were released in connection with the vesting of restricted stock unit and performance stock unit awards granted on 12/11/2021 and 12/12/2022.

Were any cash payments involved in the LeMaitre Vascular (LMAT) insider share acquisitions?

The reported common stock acquisitions occurred at a price of $0 per share, with the filing noting that any fractional shares from dividend equivalent rights were settled in cash.